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FTX, Deribit and BitMEX liquidated Three Arrows Capital Crypt | Crypto | Bitcoin | Blockchain

FTX, Deribit and BitMEX liquidated Three Arrows Capital

Crypto exchanges FTX, Deribit and BitMEX have liquidated Three Arrows Capital's positions over the past week after the crypto hedge fund known as 3AC failed to meet margin calls, three people familiar with the matter told The Block.

A BitMEX spokesperson confirmed to The Block that the exchange has liquidated 3AC's positions.A spokesperson for Bitfinex, another exchange where 3AC traded, said the fund had closed its positions at a loss without having to be liquidated.

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